Morningstar SRRI

Lower Risk

Higher Risk

1

2

3

4

5

6

7

Potentially Lower ReturnsPotentially Higher Returns

Source: Morningstar

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Investment Objective

The investment objective of the Fund is to realise capital growth through investing principally in shares in companies located internationally.
The Fund aims to be diversified by country, currency, industry and theme. The Fund will usually hold shares in between 60 and 80 companies from around the world. The business of these companies will be in a variety of industries which the managers think are likely to perform well over a period of time - typically three to five years.

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Portfolio Profile31/10/2016

Morningstar Style Box®

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Equity Style

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Top Holdings

Name

Sector

%

IncreaseDecreaseNew since last portfolio

BNP Paribas

Financial Services

3.96

TAG Immobilien AG

Real Estate

3.86

Axiare Patrimonio SOCIMI SA

Real Estate

3.72

YOOX Net-A-Porter Group SpA

Consumer Cyclical

3.50

ING Groep NV

Financial Services

3.02

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Asset Allocation %

Long

Short

Net

Stocks

96.16

0.00

96.16

Bonds

0.00

0.00

0.00

Cash

3.56

0.00

3.56

Other

0.28

0.00

0.28

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Top Stock Regions

Region

%

Eurozone

50.60

United States

22.36

United Kingdom

8.67

Japan

5.29

Europe - ex Euro

5.07

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Top Stock Sectors

Stock Sector

%

Financial Services

17.77

Real Estate

16.30

Industrials

15.38

Consumer Defensive

13.55

Consumer Cyclical

13.28

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AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.